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Exxon Mobil must allow climate change vote: U.S. SEC

2016-03-24 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution in its annual shareholder proxy, a defeat for the world's largest oil producer, which had argued it already provides adequate carbon disclosures. In a Tuesday letter to Exxon seen by Reuters, the SEC said the oil producer cannot keep a proposal spearheaded by New York state's comptroller from a full shareholder vote at the company's annual meeting in May. If approved, the proposal...

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